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Bozeman Montana based Payouts Network is raising $5,400,000.00 in New Debt Financing.

Bozeman Montana based Payouts Network is raising $5,400,000.00 in New Debt Financing.

April 30, 2020 Craig Etkin

Bozeman, MT – According to filings with the U.S. Securities and Exchange Commission, Payouts Network is raising $5,400,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Keith Smith played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Payouts Network

Payouts Network was founded on the core belief that the use of checks, gift cards, vouchers and ACH for providing money to customers and employees is cumbersome, costly and difficult to administer effectively. Because of this belief we have built industry-leading financial technology that enables the issuance, acceptance and claiming of money in real-time without having to issue a new account, plastic card, paper check, voucher or ask for routing and account number. We are leading the transformation of payouts and compensation. Businesses access our solution via the Payouts Network Platform that is enterprise-grade and enables customizable, rule-based payout and compensation solutions for our increasingly digital world.

To learn more about Payouts Network, visit http://www.payoutsnetwork.com/

Contact:
Keith Smith, Chief Executive Officer
615-424-8901
keith@payoutsnetwork.com
https://www.linkedin.com/in/kbs45/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
1, Bozeman, Montana, Outside MSA Area, Payouts Network, Venture Capital

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